Peer-Reviewed Open Access Journal

IITM Journal of Management and IT

IITM Journal of Management and IT is a Bi-Annual Research Publication of Institute of Information Technology and Management.

ISSN: 2231-2498 Quarterly English Since 2011
Current Issue

Vol. 15 No. 1 (2024)

Articles Volume 15 Issue 1 January-June 2024
DOI 10.65301/iitm.2024.15.1.424

Overspendings in Indian Weddings

Authors
318 Views
188 Downloads
Published 2024-01-30
Pages 17-33
Abstract

 Indian weddings are known for being big and culturally important, but
 lately, they’re also known for costing a lot of money. Overspending in Indian  weddings      happens because of a number of factors like society expectations,  cultural traditions, and changing trends. This research paper investigates the  frequent problem of spending lavishly on Indian weddings, exploring the reasons  and its impact. The study also examines how traditional beliefs and cultural  factors influence the patterns of distributing wedding expenses equally  between both the parties. The research was conducted through Google Forms,  the research gathered primary data from a sample of 100 respondents, while  the secondary data set includes information from research papers, blogs, and  reports. This research is a quantitative type of research, with simple random  sampling method, the research design is both descriptive and basic. Chi square  was used   as the statistical test which led to the rejection of null hypothesis,  aligning with the prediction of the authors. The findings revealed that majority  of the people are against overspending in weddings and are willing to reduce  the expenditure   to a minimum. The study successfully achieved its objectives,  contributing valuable insights into the factors influencing wedding expenses in  the Indian context.

Keywords
Indian wedding expenditure, overspending trends societal expectations Equal distribution of wedding expenses
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